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PART II - SDR PROTOCOL 587Article 4 (5) - Limits of liabilityjust mentioned, they shall be entitled to make use of “monetary units” which are identicalto the “Francs Poincaré”.4. No suggestions will be found in the two drafts with respect to the number of ratificationsthat will be required so that the Protocol will enter into force. On the onehand, it may be argued that this number should be identical to the number requiredfor the entry into force of the original convention which it is designed to amend. However,in view of the obligations imposed by the I.M.F., such number may well be toohigh. Under these conditions it was thought preferable to leave the matter open.5. Finally an explanation should be given for the fact that drafts are presented for twoBrussels Conventions only whereas, in actual fact, three further Conventions might,conceivably, have been given the same attention.With respect to one of these Conventions, viz. the Convention on the liability ofoperators of nuclear ships, it was thought inappropriate to amend it in view of the factthat the Convention itself has not yet come into force by lack of a sufficient number ofratifications. Should an additional number of States feel the desire to ratify the Conventionthen, no doubt, all interested States will enter into negotiations with a view toamend the Convention.With respect to two other Conventions, viz. the Convention for the unification ofcertain rules relating to the limitation of the liability of owners of seagoing vessels andthe International Convention for the unification of certain rules of law relating to billsof lading, both signed at Brussels on August 25th, 1924, it should be pointed out thatthe first mentioned convention has been largely superseded by the 1957 LimitationConvention, whereas the second has been amended by the 1968 Protocol, one of theessential objects of the Protocol being to provide a solution for the problems that hadarisen as a consequence of the 1924 Convention using as a monetary unit the poundsterling “to be taken to be gold value”. Under these conditions it was feared that, topresent a draft for the amending of the 1924 Conventions would not contribute to internationaluniformity. Therefore no proposal to that effect is presented.Draft Protocol to amend the International Convention for the Unification ofcertain Rules of Law relating to Bills of Lading, 1924, as amended by the Protocol,1968.The Parties to the present Protocol being parties to the International Conventionfor the unification of certain rules of law relating to bills of lading, done at Brussels on25th August, 1924, and the Protocol to amend that Convention, done at Brussels on23rd February, 1968.Have agreed as follows:Article 1For the purpose of this Protocol: “Convention” means the International Conventionfor the unification of certain rules of law relating to bills of lading, done at Brusselson 25th August, 1924, (and its Protocol of signature) as amended by the Protocoldone at Brussels on 23rd February, 1968.Article 21. Article 4, paragraph 5, a) of the Convention is replaced by the following:a) Unless the nature and value of such goods have been declared by the shipperbefore shipment and inserted in the bill of lading, neither the carrier nor theship shall in any event be or become liable for any loss or damage to or in connectionwith the goods in an amount exceeding 666,67 units of account perpackage or 2 units of account per kilo of gross weight of the goods lost or damaged,whichever is the higher.